Stock Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
IM Cannabis Corp. - Common Shares (NASDAQ:IMCC)
Countertrend Down (-85) - IMCC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid IMCC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IMCC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IMCC
The long-term trend has been DOWN since Jan 21st, 2022 at 2.260
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1.830
The short-term trend has been UP since Aug 5th, 2022 at 0.482
Smart Scan Analysis for IMCC
Based on our trend formula, IMCC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.01||52wk High Date||2021-08-06|
|52wk Low||0.394||52wk Low Date||2022-08-03|
|Average Volume||224,885||Shares Outstanding||40,141|